Spot Ether ETFs officially hit the market on July 23: What investors should know
![Spot Ether ETFs officially hit the market on July 23: What investors should know](https://images.fastcompany.com/image/upload/w_1280,q_auto,f_auto,fl_lossy/wp-cms-2/2024/07/p-1-91158005-ethereum-etfs-go-live-on-tuesday.jpg)
This launch follows the launch of Spot Bitcoin EFTs in January.
After a tumultuous battle, the U.S. Securities and Exchange Commission (SEC) gave “preliminary approval” to several asset managers planning to launch the spot for Ethereum exchange-traded funds (ETFs) this week.